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The Guardian - US
The Guardian - US
Business
Lauren Aratani

Wall Street scales fresh record high as investors bet on end of Iran war

Traders work on the floor of the New York Stock Exchange.
People work on the floor at the New York Stock Exchange. Photograph: Seth Wenig/AP

Wall Street scaled a fresh all-time high on Wednesday amid growing optimism among investors that the US-Israel war on Iran will soon be over.

The benchmark S&P 500 breached 7,000 points for the first time in history, after climbing 0.8% over the course of the day, finishing at 7,022.95. The tech-heavy Nasdaq also rose 1.6% to 24,016.02, its own record high, while the Dow Jones industrial average remained broadly flat.

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